Daily Note | December 12, 2023 | CPI Day, Loan Funds Raise. And Cut
CPI Day!
Markets are up slightly awaiting the November inflation data. Yesterday, markets ended up with a moderate rally after treading water for most of the day.
Interest rates are lower ahead of the report following a bump in rates yesterday with the 10-yr going from 4.17% to 4.28%. Today, they are back down 4.19%.
Here are the CPI expectations:
Hea…
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